On December 19, 2011, the U.S. Centers for Medicare &
Medicaid Services (CMS) published a proposed rule to implement the
Physician Payments Sunshine Act, which was included as part of the
Patient Protection and Affordable Care Act of 2010. The Physician
Payments Sunshine Act imposes new reporting and transparency
requirements with respect to financial relationships between
physicians, institutional providers, biomedical manufacturers and
group purchasing organizations. In the proposed rule, CMS indicated
that it hoped to issue a final rule in time for regulated parties
to begin to record required information in 2012.
Citing its commitment "to addressing the valuable input
received during the comment period, and to ensuring the accuracy of
the data collected," and in light of the practicalities of
providing regulated parties with sufficient opportunity to prepare,
CMS announced on May 3, 2012, that it will not
require data collection by applicable manufacturers and applicable
group purchasing organizations before January 1, 2013.
CMS stated that it has received more than 300 comments from a
diverse group of stakeholders, but still intends to issue the final
rule in 2012.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
Whether you are an employer that provides health insurance for your employees, a business in the growing healthcare industry, a hospital, or other medical provider—or you provide services to any of those entities—you need to know about changes to the privacy and security rules under the Health Insurance Portability and Accountability Act of 1996 (HIPAA).
Marilyn Tavenner received bipartisan support from members of the Senate Committee on Finance in her confirmation hearing to lead the Centers for Medicare and Medicaid Services (CMS) though a full Senate vote is being held up, the president released his FY 2014 budget proposal with health care reform and specified reimbursement reductions to providers and manufacturers totaling $400 billion over 10 years sprinkled throughout it, and Department of Health and Human Services (HHS) Secretary Sebelius
The Office of Inspector General for the Department of Health and Human Services has recently issued an updated Special Advisory Bulletin on the Effect of Exclusion from Participation in Federal Health Care Programs.
On Tuesday, the North Carolina legislature has enacted into law, pending the governor's signature, a prohibition on the use of most favored nations clauses in contracts between commercial health insurers and providers.